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Benzinga
Benzinga
Business
Shomik Sen Bhattacharjee

Homes Have Shrunk To The Smallest Average Size In 20 Years: Here's Why It Happened

Tree,And,Houses,On,Clarke,Place,,In,Frederick,,Maryland.

Newly built homes in the U.S. have shrunk to their smallest average size in two decades as buyers pay more for less space, pinched by higher mortgage rates and fading affordability, new analyses show.

Average Home Size Falls As Prices, Rates Bite

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